NOT LISTED FOR SALE

5867 N Rainbow Dr E Brazil, IN 47834

Estimated Value: $265,520 - $412,000

3 Beds
2 Baths
1,450 Sq Ft
$219/Sq Ft Est. Value

Last Sold May 08, 2012

Last sale price $145,000 $100 Per Sq Ft

Est. 119% increase in value since last sale

Current estimated payment $1,678/month

6 Days on Market

Highlights

  • Waterfront
  • Lake, Pond or Stream
  • 2 Car Attached Garage
  • Deck
  • Covered Patio or Porch
  • Double Pane Windows

About This Home

As of May 2012

Water & woods plus 2.13 Acres! Beautiful cedar home with 3 bedrooms & 2 baths. Basement needs finished again but included a 2 car garage, laundry & a family room or 4th bedroom. 2 decks overlooking the water, beautiful setting. Seller offering a 2 year home warranty for primary residents only. For details see HomeSteps.com or call listing agent. All offers must be accompanied by a pre-qual letter or proof of funds. Please print Disclosures and Info Needed to Submit Offer from Associated Docs. Sold as-is. BBB-SSS

Last Agent to Sell the Property

Letitia Bennett

REMAX R.E.A. License #RB14025133 Listed on: 03/29/2012

Last Buyer's Agent

HOUSE EMMERT

EMMERT REALTY

Home Details

Home Type

  • Single Family

Est. Annual Taxes

  • $606

Year Built

  • Built in 1999

Lot Details

  • 2.13 Acre Lot
  • Waterfront
  • Wood Fence
  • Landscaped with Trees

Home Design

  • Shingle Roof
  • Cedar Siding

Interior Spaces

  • 1,450 Sq Ft Home
  • 1-Story Property
  • Ceiling Fan
  • Gas Log Fireplace
  • Double Pane Windows
  • Vinyl Clad Windows
  • Living Room
  • Combination Kitchen and Dining Room
  • Attic Fan
  • Laundry Room

Kitchen

  • Electric Oven or Range
  • Range Hood
  • Microwave
  • Dishwasher
  • Disposal

Flooring

  • Carpet
  • Vinyl

Bedrooms and Bathrooms

  • 3 Bedrooms
  • 2 Full Bathrooms

Unfinished Basement

  • Partial Basement
  • Laundry in Basement

Parking

  • 2 Car Attached Garage
  • Driveway

Outdoor Features

  • Lake, Pond or Stream
  • Deck
  • Covered Patio or Porch

Schools

  • Jackson Township Elementary School
  • North Clay Middle School
  • Northview High School

Utilities

  • Forced Air Heating System
  • Propane
  • Electric Water Heater

Community Details

  • Rainbow Lakes Subdivision

Listing and Financial Details

  • Assessor Parcel Number 11-04-20-200-022.000-007

Home Details

Home Type

Single Family

Est. Annual Taxes

$606

Year Built

Built in 1999

Lot Details

0

Listing Details

  • OFFICELIST_ADDRESS: 5867 N Rainbow Drive East
  • Second Address Number: 5867
  • Home Sale Contingency: No
  • Directions: From US 40 E to SR 59, South to CR 600 N East to Rainbow Lakes Dr E on South side of the road.
  • Kitchen Level: 1
  • Number Of Stories: 1
  • Property Includes: refrigerator, DW, stove, range hood
  • OFFICELIST_STATE: IN
  • Building Style: Ranch
  • FILLSUBDIVISION: Rainbow Lakes
  • Total Number Of Rooms: 6
  • Warranty Program: See Remarks, Warranty Available
  • Year Built: 1999
  • Special Features: None
  • Property Sub Type: Detached
  • Stories: 1

Interior Features

  • Above Grade Finished Sq Ft: 1450
  • Appliances: Dishwasher, Garbage Disposal, Refrigerator, Elec. Range/Oven, Microwave, Range Hood
  • Basement Foundation: Partial Basement, Unfinished
  • Bedroom 2 Level: 1
  • Second Bedroom Size: 10.4x12.1
  • Bedroom 3 Level: 1
  • Third Bedroom Size: 11.4x11.1
  • Dining Area: Kitchen/Dining Combo
  • Fireplace: One, Gas Logs
  • Flood Plain: Out of Flood
  • Interior Amenities: Vinyl Floors, Carpet, Ceiling Fan(s)
  • Kitchen Size: 11.6x11.9
  • Laundry: Basement, Room
  • Laundry Level: B
  • Laundry Size: 9.2x18
  • Living Room Level: 1
  • Living Room Size: 15.7x27.8
  • Master Bedroom Level: 1
  • Master Bedroom Size: 11.9x15.8
  • Total Bathrooms: 2
  • Estimated Total Finished Sq Ft: 1450
  • Basement Type: Single Family
  • Windows: Double Pane, Vinyl Clad
  • Windows Treatments: None
  • Basement Type: Yes

Exterior Features

  • Exterior: Cedar
  • Exterior Amenities: Paved Driveway, Lake
  • Number of Acres: 2.13
  • Balcony/Porch/Patio: Porch Covered, Open Deck
  • Roof: Shingle

Garage/Parking

  • Garage Capacity: 2
  • Garage Type: Attached, See Remarks

Utilities

  • Cooling: Attic Fan
  • Heating: Electric, Forced Air
  • Gas Company: Propane
  • Sewer: City Sewer
  • Water Heater: Electric
  • Water Supply: City Water

Fee Information

  • Tax Class: RESIDENTIAL
  • Taxes: 605.8

Schools

  • Elementary School: Jackson Township
  • High School: Northview
  • Middle School: North Clay

Green Features

  • Green Landscaping: Fence-Wood, Trees

Lot Info

  • Lot Description: Water Frontage
  • Lot Size: 2.13
  • Parcel #: 11-04-20-200-022.000-007
  • Zoning: R

Tax Info

  • Tax Year: 2010

Ownership History

Date Name Owned For Owner Type

Purchase Details

Listed on
Mar 29, 2012
Closed on
May 8, 2012
Sold by
Federal Home Loan Mortgage
Bought by
Hite Anthony S and Hite Pamela J
Seller's Agent
Letitia Bennett
REMAX R.E.A.
Buyer's Agent
HOUSE EMMERT
EMMERT REALTY
List Price
$135,900
Sold Price
$145,000
Premium/Discount to List
$9,100
6.7%
Current Estimated Value
$317,130

Home Financials for this Owner

Home Financials are based on the most recent Mortgage that was taken out on this home.
Estimated Appreciation
$172,130
Avg. Annual Appreciation
5.87%

Purchase Details

Closed on
Jan 25, 2012
Sold by
Clay County Sheriff
Bought by
Federal Home Loan Mortgage
Source: Public Records

Range of Values:

--
Value Increase
--
Percent Increase
--
Adjusted for Inflation
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Average Value
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List Price
Sold Price
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Purchase History

Date Buyer Sale Price Title Company
Hite Anthony S $145,000 Same
Federal Home Loan Mortgage $158,000 Same
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft
05/08/2012 05/08/12 Sold $145,000 +6.7% $100 / Sq Ft
04/04/2012 04/04/12 Pending -- -- --
03/29/2012 03/29/12 For Sale $135,900 -- $94 / Sq Ft
Source: Terre Haute Area Association of REALTORS®

Tax History Compared to Growth

Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2024 $431 $179,600 $23,100 $156,500
2023 $728 $184,000 $23,100 $160,900
2022 $738 $180,000 $23,100 $156,900
2021 $693 $154,200 $23,100 $131,100
2020 $706 $148,100 $23,100 $125,000
2019 $726 $151,600 $23,100 $128,500
2018 $724 $154,300 $23,100 $131,200
2017 $442 $132,100 $23,100 $109,000
2016 $495 $145,600 $23,100 $122,500
2014 $457 $145,900 $23,100 $122,800
Source: Public Records

Agents Affiliated with this Home

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Map

Source: Terre Haute Area Association of REALTORS®

MLS Number: 66073

APN: 11-04-20-200-022.000-007